These "externalities" don't show up on the typical supply-and-demand diagram; but if they did, they'd shift the curves. The classic supply-and-demand diagram has two axes. The horizontal axis ...

At first sight, this might seem logical. After all, chapter one of any student economics textbook contains the classical supply-and-demand diagram, which determines the price of bread. Lots of ...

This was after she privately posted on Facebook on September 1 a typical supply and demand diagram with a price cap, accompanied by a caption, “I miss teaching… ” The post has since been ...